Common use of Application of Assets Clause in Contracts

Application of Assets. In the event of dissolution, the Company shall conduct only such activities as are necessary to wind up its affairs (including the sale of the assets of the Company in an orderly manner), and the assets of the Company shall be applied in the manner, and in the order of priority, set forth in SECTION 6.2.

Appears in 11 contracts

Sources: Limited Liability Company Agreement (Brooks Pharmacy, Inc.), Limited Liability Company Agreement (Brooks Pharmacy, Inc.), Limited Liability Company Agreement (Brooks Pharmacy, Inc.)